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Feb 6, 2013
02/13
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if those huge automatic spending cuts kick in and the economy slows down, we will all feel the impact. nearly everybody in washington wants to avoid that. the question is how? another day, another dollar, another fiscal fight in washington. the issue is massive spending cuts. it is called sequestration. we're not supposed to get to this point in the first place. >> it was a proposal meant to spur lawmakers into action to come up with a budget that everybody could agree on. >> cuts could still down the economy. pentagon leaders are deeply worried about the impact on the military. if congress cannot cut a big deal -- >> they should pass a smaller package of spending cuts and tax reforms. >> he is thinking short-term. give congress time to work on a budget. >> they should have a chance to come up with a budget instead of making cuts now that was slow down the recovery. >> both sides agreed something must be done. republican leaders are digging in their heels. "we believe there's a better way to reduce the deficit," said john boehner. part of the proposal has included cuts to entitlement
if those huge automatic spending cuts kick in and the economy slows down, we will all feel the impact. nearly everybody in washington wants to avoid that. the question is how? another day, another dollar, another fiscal fight in washington. the issue is massive spending cuts. it is called sequestration. we're not supposed to get to this point in the first place. >> it was a proposal meant to spur lawmakers into action to come up with a budget that everybody could agree on. >> cuts...
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Jan 31, 2013
01/13
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it is boosting the, the economy. -- boosting the economy. >> maryland is getting a boost from the winning streak. it is not the way you might think from people buying up raven's gear. >> citizens that by paraphernalia are recycling the money they would have spent anyway. really there is no new money coming in. it is money they would have spent buying other clothes and going after dinner. >> this economist says the effect from the super bowl is more psychological. when the raven's wing, it goes around the state. that means to increase in productivity and less on the job accidents. >> the idea is that people are happier, more focused on work. rather than commiserating about the fact they lost. >> some research shows there is an increase in charitable giving. >> there is a winning team high. it tells people say perhaps i want to share my joy. >> sees as having a winning football team also helps revitalize the city's image. , everybodyven's win wins. >> we are so wrapped up in our teens. when the wind, we feel like we have one. -- they win, we feel like we have won. >> baltimore will be the p
it is boosting the, the economy. -- boosting the economy. >> maryland is getting a boost from the winning streak. it is not the way you might think from people buying up raven's gear. >> citizens that by paraphernalia are recycling the money they would have spent anyway. really there is no new money coming in. it is money they would have spent buying other clothes and going after dinner. >> this economist says the effect from the super bowl is more psychological. when the...
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113
Feb 6, 2013
02/13
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. >> if those huge automatic spending cuts kick in and the economy slows down, we will all feel the impact. nearly everybody in washington wants to avoid that. the question is how? another day, another dollar, another fiscal fight in washington. the issue is massive spending cuts. there will take effect march 1. it is called sequestration. we're not supposed to get to this point in the first place. >> sequestration was never intended to happen. >> it was a proposal meant to spur lawmakers into action to come up with a budget that everybody could agree on. >> cuts could slow down the economy. pentagon leaders are deeply worried about the impact on the military. the president says if congress cannot cut a big deal -- >> they should pass a smaller package of spending cuts and tax reforms. >> he is thinking short-term. get us to the fiscal year. give congress time to work on a budget. >> they should have a chance to come up with a budget instead of making cuts now that will slow down the recovery. >> both sides agree something must be done. but how? that is the fight. republican leaders are di
. >> if those huge automatic spending cuts kick in and the economy slows down, we will all feel the impact. nearly everybody in washington wants to avoid that. the question is how? another day, another dollar, another fiscal fight in washington. the issue is massive spending cuts. there will take effect march 1. it is called sequestration. we're not supposed to get to this point in the first place. >> sequestration was never intended to happen. >> it was a proposal meant to...
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Feb 5, 2013
02/13
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they'll talk about what his proposals might mean for the economy. >> hallie jackson, thank you, and have a great day. >> we all know gas prices taking a big chunk out of our wallets. gasoline and expenditures for the average american household topped $2,900. that is the highest estimated percentage in nearly three decades. apple put apps on themaps but google is gaining ground. jane king has the bloomberg business report. good morning, jane. >> good morning. the baltimore ravens big win was the good news for investors. stocks do better when the super bowl champion trace their beginnings to the nfl rather than the american football league. the ravens are an original member of the nfl. we will have to wait and see. there was a down day for stocks yesterday. it looks like a bit of a rebound for the start of things this morning. apple is out with a new ipad today. apple is working hard to fend off rivals. they may be losing out when it comes to apps. three-quarters of handsets sold in the market are now powered by the droid operating system. oven is no longer geared to girls. the new version
they'll talk about what his proposals might mean for the economy. >> hallie jackson, thank you, and have a great day. >> we all know gas prices taking a big chunk out of our wallets. gasoline and expenditures for the average american household topped $2,900. that is the highest estimated percentage in nearly three decades. apple put apps on themaps but google is gaining ground. jane king has the bloomberg business report. good morning, jane. >> good morning. the baltimore...
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Feb 1, 2013
02/13
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all that purple is bringing in plenty of green for the local economy. >> all the extra merchandise is good for business. it is more of a psychological effect for fans. a boost in morale can lead to an increase in productivity at work. >> the morale is boost and people are more focused on work rather than commiserating about the fact that the team lost. >> there is an increase in charitable giving when the ravens win. we're seeing a lot of joy. >> 5:36. 30 degrees at the airport. some people have some kind of a superstition when they follow the game. >> 100 on a scale from 1-10. >> our purple friday >> baltimore. we are a tough city. we're big and strong. >> he means business. that was anthony batts. it features offices all over the city sending messages to the team. how will you be watching the big game? i need a chicken wings in one hand. >> one family takes superstitions to a new level. deborah weiner delivers the traditional dominance. >> i have the donuts. but see what i got. >>no. >> what's wrong? >> they are in the wrong order. >> this is all wrong? >> all wrong. this >> is a to
all that purple is bringing in plenty of green for the local economy. >> all the extra merchandise is good for business. it is more of a psychological effect for fans. a boost in morale can lead to an increase in productivity at work. >> the morale is boost and people are more focused on work rather than commiserating about the fact that the team lost. >> there is an increase in charitable giving when the ravens win. we're seeing a lot of joy. >> 5:36. 30 degrees at the...
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Feb 2, 2013
02/13
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economy. 157,000 jobs were added it also revised the past year's numbers. as more people got back into the job search the unemployment rate moved back up to 7.9 percent. >>> and despite the up tick in the unemployment rate the report was well received on wall street. the dow closed above 14,000 for the first time since october 2007 and all three major indexes posted gains for a 6th straight week. >> there are thousands of people who don't mind admitting they really love their jobs. that's the case for employees at the community college of baltimore county. the school has been picked as one of the nation's top places to work. education reporter tim tyutin has their story. >> what does it take to become the most hot places to work in america? >> ccbc employees are getting the credit for bragging about where they work. the results showed up on a national survey from a company called workplace dynamics. >> it doesn't surprise me. it's an excellent place to work. benefits are second to none. we are like a family here. wher i ne whenever you need anything done th
economy. 157,000 jobs were added it also revised the past year's numbers. as more people got back into the job search the unemployment rate moved back up to 7.9 percent. >>> and despite the up tick in the unemployment rate the report was well received on wall street. the dow closed above 14,000 for the first time since october 2007 and all three major indexes posted gains for a 6th straight week. >> there are thousands of people who don't mind admitting they really love their...
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92
Feb 1, 2013
02/13
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things are beginning to click for the industrial economy, the housing market's coming back and responsible for a tremendous amount of january's advance, whether it be whirlpool, another 52-week high for the spin cycle, or sherwin williams. watching paint dry has never been better. or stock super bowl winner pulte homes. >> buy, buy, buy! >> and let's throw in tripoint, a red hot ipo of a home builder that went to an immediate premium. what else is glittering in this grimy industrial portion of the u.s. geography? how about industrial equipment. industrials gain strength as the month went on. i suspect they will continue to do so as europe stabilizes, america advances, and asia starts to roar. >> buy, buy, buy! >> just like the metaphorical baltimore. california, home of the niners, is coming back strong too. tech, particularly the semiconductors and everything related to the cloud and the internet are roaring here. it's almost as if the incredible slide in apple is fueling dozens of tech stocks to new highs. google's become the new tech leader, but who can ignore the run in none other than
things are beginning to click for the industrial economy, the housing market's coming back and responsible for a tremendous amount of january's advance, whether it be whirlpool, another 52-week high for the spin cycle, or sherwin williams. watching paint dry has never been better. or stock super bowl winner pulte homes. >> buy, buy, buy! >> and let's throw in tripoint, a red hot ipo of a home builder that went to an immediate premium. what else is glittering in this grimy industrial...
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Feb 4, 2013
02/13
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eye 363
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. ♪ ♪ "love" a collection by prabal gurung, exclusively at target. for a limited time. >>> still ahead, we're jumping for joy to begin our countdown to the winter olympic games in sochi. >> after your local news. i love cheese. did i say i love chocolate? i'm human! and the new weight watchers 360 program lets me be. the reason i'm still in this body feelin' so good isn't because i never go out and enjoy the extra large, extra cheese world we live in. it's because i do. and you can too. because when a weight loss program is built for human nature you can expect amazing. introducing the new weight watchers 360 program. join for free and expect amazing. because it works. [ all kids ] twooooo! [ moderator ] you sure? i am absolutely positive! [ little boy ] two times is awesome. the thing i can do is wave my head and wave my... that's amazing. i've never seen anything like that. look i can do -- hold o
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. ♪ ♪ "love" a collection by prabal gurung, exclusively at target. for a limited time. >>> still ahead, we're jumping for joy to begin our countdown to the winter olympic games in sochi. >> after your local news. i love cheese. did i say i love chocolate? i'm human! and the new weight watchers 360...
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Feb 2, 2013
02/13
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. >> reporter: what's going right for the economy? manufacturing and construction activity has picked up, while the unemployment rate edged up to 7.9% in january, we also learned that more jobs were added in 2012 than first reported. meanwhile, fear of a financial crisis is lessening. back in portland, julie ober's job hunt is now over. >> i got the job! >> reporter: one more piece of economic news -- gas prices, they are moving to the upside and fast. averaging nationally $3.46 a gallon, up 13 cents in a week, up almost 20 cents in a month. of course, you'll pay more if you're in california or the great lakes or east coast. for "today," tom costello, nbc news, washington. >>> time to check some of the morning's other top stories. >> with jenna in new orleans, tom llamas is filling in. >> reporter: good morning. we start with another attempt to rein in iran's nuclear ambitions. vice president biden says the u.s. is prepared to hold direct talks with iran but only if the lich in th leadership in tehran is serious. speaking in germany,
. >> reporter: what's going right for the economy? manufacturing and construction activity has picked up, while the unemployment rate edged up to 7.9% in january, we also learned that more jobs were added in 2012 than first reported. meanwhile, fear of a financial crisis is lessening. back in portland, julie ober's job hunt is now over. >> i got the job! >> reporter: one more piece of economic news -- gas prices, they are moving to the upside and fast. averaging nationally...